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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: ratan lal who wrote (11478)	6/29/1998 8:48:00 AM
From: fred woodall	Respond to of 27307

Ratan lal how ya holding up. I held a short position in YHOO last weekend so I certainly can relate. I have AMZN -.500/YHOO -.125 before open. I'm thinking a lot of money is sidelined waiting for entry into this market. With that said I'm focused on buying. CSCO/MSFT both up before open over a point. Should YHOO drop in the low 140's a buying opp. might be in order. WIRE:The U.S. economy remains healthy despite the slowdown in Asia, according to Charles Blood, chief market strategist at Brown Brothers Harriman. In an interview on CNBC Monday, Blood said the flip side of the Asia crisis is that it reduces the likelihood of an interest rate hike here. He said any downside from Asia in the U.S. is offset by the strength in consumer spending. "The consumption part of the economy is really perking along pretty good," he said. Blood recommended investors direct their money toward big-cap stocks rather than small-caps, and said he favors the technology, health-care and financial-services sectors.